Freightways increases profit despite declining mail market
The company reveals outlook for year ahead. With special feature audio.
Calida Smylie Mon, 15 Aug 2016
Freightways has reported annual after-tax profit up a steady 8%, making gains despite a declining mail market.
The Auckland-based courier and logistics company reported net profit after tax of $54.4 million in the year to June 30, slightly ahead of consensus analyst expectations.